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Haltec recognized for growth and innovation | News, Sports, Jobs

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Alaska Journal | Movers & Shakers for March 6, 2022

Northrim Bank is proud to announce two new hires and a promotion. Clark Bihag, VP loan officer in Fairbanks, joins Northrim Bank with 19 years of experience in the financial experience (in the government and private sectors), having most recently worked for the U.S. Small Business Administration (SBA). He served in the U.S. Air Force, where he was a financial officer doing ....

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Restaurant Revitalization Fund aims to support small businesses in Alaska impacted by COVID-19


Restaurant Revitalization Fund aims to support small businesses in Alaska impacted by COVID-19
Ryan Osborne
© Provided by Fairbanks KTVF
The restaurant revitalization fund was established to provide small businesses that have lost business due to the COVID-19 pandemic keep their doors open.
FAIRBANKS, Alaska (KTVF) - The Restaurant Revitalization Fund, managed by the Small Business Administration, is now accepting applications from small businesses, including restaurants and bars, impacted by COVID-19. Clark Bihag, Senior Area Manager with the Small Business Administration explained the details of the program.
“The restaurant revitalization fund is a grant to help businesses in the food and service industry. It was created out of the American rescuer plan act, 28.6 billion dollars was appropriated to the fund,” said Bihag. ....

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New Paycheck Protection Loans Coming


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The second Coronavirus Relief Act passed by Congress in December, includes $284 billion more for businesses hurt in the pandemic. The basic idea remains the same – pass money to businesses so they can keep paying workers. But the bill has expanded eligibility for the loans to include nonprofits and live venues and cultural institutions which have been struggling due to pandemic-forced closures.
“I’m glad the second draw is coming around because we need it, again.”
Clark Bihag, the senior area manager for the Small Business Administration, says the SBA is being more methodical with the opening of this round of the Paycheck Protection Program.  ....

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